One single story today but it is deliciously well formed. The wisdom of Sir Ronald Cohen, a veritable mogul of UK venture capital is always well worth reading…
Impact investing is, according to Sir Ronald Cohen, “the new venture capital”. The art of investing simultaneously for financial and social return, as Cohen recently blogged, could radically alter how social issues are tackled. From social impact bonds to social finance and payment by results, a focus on outcomes is changing the way programmes are supported and delivered.
While organisations’ interest in impact practice is more often than not led by funder requirements rather than by internal drivers, a groundswell within the sector is hoping to alter how grant-makers and investors treat the issue. This will also have a knock-on effect on how their beneficiaries view the practice.